| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.9B | $1.7B | -4.2% | 5.9% |
| Op. Income | $310M | $379M | $369M | -18.2% | -16.1% |
| Gross Margin | 26.7% | 30.4% | 30.9% | -3.7pp | -4.2pp |
| Net Margin | 13.4% | 14.1% | 19.1% | -0.6pp | -5.7pp |
| EPS (Diluted) | $0.10 | $0.11 | $0.13 | -8.8% | -25.3% |
| Free Cash Flow | $296M | $438M | -$270M | -32.4% | 209.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $489M |
| R&D Expenses | $126M |
| Selling & Marketing | $20M |
| General & Administrative | $49M |
| SG&A Expenses | $68M |
| Other Expenses | -$15M |
| Operating Expenses | $179M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $310M |
| Interest Income | $19M |
| Interest Expense | $12M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $296M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $245M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $246M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $246M |
| D&A | $447M |
| EBIT | $308M |
| EBITDA | $756M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $489M |
| R&D Expenses | $126M |
| Selling & Marketing | $20M |
| General & Administrative | $49M |
| SG&A Expenses | $68M |
| Other Expenses | -$15M |
| Operating Expenses | $179M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $310M |
| Interest Income | $19M |
| Interest Expense | $12M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $296M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $245M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $246M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $246M |
| D&A | $447M |
| EBIT | $308M |
| EBITDA | $756M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $296M |
| Depreciation & Amortization | $447M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $755M |
| Capital Expenditure | -$459M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$71M |
| Sales/Maturities of Investments | $78M |
| Other Investing Activities | $108M |
| NET CASH FROM INVESTING | -$333M |
| Net Debt Issuance | -$419M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | -$436M |
| FREE CASH FLOW | $296M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.4B |
| Short-Term Investments | $333M |
| Net Receivables | $1.2B |
| Inventory | $1.1B |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $6.1B |
| PP&E (Net) | $9.3B |
| Goodwill | $241.1K |
| Intangible Assets | $124M |
| Long-Term Investments | $2.3B |
| Tax Assets | $171M |
| Other Non-Current Assets | $204M |
| TOTAL NON-CURRENT ASSETS | $12.1B |
| TOTAL ASSETS | $18.1B |
| Account Payables | $294M |
| Short-Term Debt | $206M |
| Deferred Revenue | $83M |
| Other Current Liabilities | $605M |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $270M |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $5.8B |
| Common Stock | $4.0B |
| Additional Paid-In Capital | $301M |
| Retained Earnings | $6.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.7B |
| Other Equity | $174M |
| TOTAL STOCKHOLDERS' EQUITY | $12.4B |
| Minority Interest | $7M |
| TOTAL EQUITY | $12.4B |
| TOTAL LIABILITIES & EQUITY | $18.1B |
| Total Debt | $1.8B |
| Net Debt | -$1.5B |
